A OK AS: årsregnskap 2014 vs 2013
Grew 43% on revenue, stronger earnings
approved 2015-06-30; registry 2015-09-19; journal 2015 855944
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A OK AS. Revenue 2.49m NOK → 3.54m NOK (+42.6%). Net result +2 013 NOK → +451.43bn NOK. Equity 3.09m NOK → 388.3k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A OK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.49m NOK to 3.54m NOK (+42.6% YoY). Calculated
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↑
Net result improved
Net result +2 013 NOK → +451.43bn NOK (net margin 0.1% → 12734362.0%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 3.09m NOK → 388.3k NOK (equity ratio 41.0% → 6.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1.86m NOK → 2.92m NOK (75% → 82% of revenue). Calculated
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COGS moved
COGS / varekostnad 1 163 NOK → 265.4k NOK (+22720.6% YoY). Calculated
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Book investments changed
Investment / intangible book value 3.93m NOK → 1.51m NOK. Reported fact